Ouch: Sega takes a bath, faces deep cuts
Happy times are definitely not the state of being at Sega right now, as it seems like the publisher that does what Nintendon't is about to do something else Nintendon't: Take a huge loss, to the tune of some 7.1 billion yen (about $87 million), due to the "challenging economic climate" for the games industry in Europe and North America. To cope, the house of Sonic and Segata Sanshiro will be putting its European and North American branches to the knife for some "streamlining". Unfortunately, the most directly impactful to end users may be the cancellation of multiple titles in development (they didn't mention which), and a refocus on the company's "strong brands", including Total War, Alien, Football Manager, and..er, Sonic*. Ouch. *I'd say the only strong thing about Sonic these days is the brand.
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